Member Info for cahoodle

Project contractor taking £172k in shares at current value instead of hard cash will be in the know to some extent and certain that that they will gain multiple fold in the very near future. Good move on both sides. Can't wait for the next updates.

Not an RNS but if we take his words:
1) We are trying to support (indicates positive actions with communications between parties)
2) we are pleased to be able to give a signal that an Italian fintech now listed in London is able to help or could help (I interpret this as an offer has been made - What stage it is at or how it is being received is an unknown)
Regardless of the outcome with RR, it highlights the massive potential and reach here.
Many more names to come

"We are trying to support one of the largest brands in the UK and we are pleased to be able to give a signal that an Italian fintech now listed in London is able to help or could help a very important Corporate that is currently publishing plans for equity injection, because in fact monetising means giving capital, we are giving cash to the company"

I chuckled at that one

Elon :)

Can someone confirm that AZ actually confirmed this? Massive cudos if so

@ARahim: correct! @calamari: on the basic 'logic' I used, multiply the earnings by 4
multiples of 10 however are not an unrealistic prospect in the next few months given the growth potential here.

low overheads - revenue close to profits - ridiculously conservative figures regardless!

(Very) round figures: Current cap around £160m, a good P/E of 10 would mean SYME needing to make £16m/yr.

in 3 months we have £6.5m so with the most conservative proportioned earnings to £26m for a year, the share price should now be 0.8p even to the most cautious of cautious investors.

0.8p is ridiculously low considering the exponential growth potential here making the true value IMHO multiples of 10 higher. Please someone correct me if I'm wrong.

Fully loaded here. Will squeeze more in if this dares to drop more but i doubt many will have the nerve to be out or short this now with news virtually guaranteed next week.

One big name will send this flying. with funding in place a big name will give credibility to the whole shebang (no matter who it is) and the sky will be the limit. It will come ..soon! Just topped up another £10k

Lets not get too carried away with the thought that the TikTok deal wont go through. There's a lot of bluster from Trump atm. He could still argue that America have majority control since American share holders own 40% of Byte Dance. The share price overshot downwards on news of a deal and general market falls. There should be no more downside if a TikTok deal does go through but we know markets aren't always logical! Triller is a fantastic lucrative contract with or without TikTok and lots more to come here too.

@Chalker, yes stock company (I was simplifying re SYME).

This is the bullsh*t bit you stated as 'in your opinion'
'But if the client company has the inventory in its possession and the right and expectation to buy it back then the auditor will likely conclude that control has not transferred (IMO)'

'Regardless of inventory location and right to buy, the stock company own the inventory, they have given the right to buy but that isn't the same as the right to control the inventory in any way they want. The client company couldn't throw it away or use it for anything else as they could if THEY had CONTROL. They only have two options, to buy it back or not, that is NOT control.

You can argue 'IMO' for ever. The model has been scrutinised by cleverer brains than mine or yours

extrader: The 40x was related to the share price at time of their publishing - Personally I'm not quibbling over 40x or 38x will take either :)

now I'm at it .. 1.9p would quadruple current (as was then) £1.90 would 400x it

Re https://pronewsreport.com/2020/09/16/top-pick-syme-a-port-amongst-stormy-markets-analysts-say/
Surely a mistake - they have put a £ in front of the pence figures
'This has also attracted Barclay’s Tom Murray who looked at the company last year and has revised upwards a price of £1.90, more than quadrupling its current trading price.'
19p would quadruple current trading price £1.90 would 40x it!!

I really wish SYME was under the radar - so much potential here but too many posts sounding like a time share pitch!

Sorry Investor_Bill I should have added, the tweet seems strange now as this information has been was reported in May?

Investor_Bill: Any thoughts re tweet?

RNS could come anytime. Just topped up £10k. Even if this is flat or drops slightly I'd rather be in at these levels with confidence of a massive upside to come. Unique share, unique opportunity!

12th Aug on Triller announcement price rose by 0.7p but then quickly by a further 2p I assume on general sentiment. Realistically if this was the only news I can see this rising and hovering to around 3p but much more news to come!